my sceptic self is thinking there are some very big prospects on the horizon and this capital raising is a way of getting large chunks of stock to selected individuals (soophisticated investors) and other organisations. We the shareholders will get to pick up a little along the way.
I have seen it a number of times before - right before a junior stock makes the big time the sophisticated investors get an opportunity to get a large slice of stock with little if any risk associated.
why announce a capital raising now..?, page-5
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